China’s foreign exchange reserves fell more than expected in June, official data showed on Thursday, as the dollar climbed against other major currencies.The country’s foreign exchange reserves – the …
FINANCE
Soho China CFO Probed For Insider Trading; Shares Fall 2.8% In Hong Kong
None of the directors or other senior officers of the Company is aware of the circumstances of the alleged insider trading and is not directly involved in the investigation,” Soho China said in a …
China, emerging markets suffering worst capital exodus in 7 years with US$4 billion net outflow in June
China and over 20 other emerging markets are undergoing their worst wave of capital exodus in around seven years, with a net total of US$4 billion withdrawn from equities and bonds combined in June, …
3 calls for China as its economic recovery slowly begins
With the Chinese economy starting to recover with the easing of strict Covid-19 measures, the government is looking to boost infrastructure investment …
Beijing decries India’s ‘frequent’ probes after raid of phonemaker Vivo
Beijing has criticised New Delhi for launching “frequent investigations” into Chinese companies operating in India, after financial authorities raided Chinese mobile phonemaker Vivo over …
China Considers $220 Billion Stimulus With Unprecedented Bond Sales
China’s Ministry of Finance is considering allowing local governments to sell 1.5 trillion yuan ($220 billion) of special bonds in the second half, an unprecedented acceleration of infrastructure …
What a secretive trial of a tycoon says about the rot in China’s financial system
For leaders in Beijing, the secrecy is necessary because the case presents an uncomfortable picture of the Chinese political and financial system. Not long ago Mr Xiao counted some of China’s most …
China warning: Spy chiefs raise alarm over ‘game-changing’ threats: ‘Stealing your tech’
SPY CHIEFS in the UK and US have sent a horror warning over China “stealing” British technology to “undercut business” and “dominate markets” by spying on the West.
China, U.S. trade teams agree to maintain close communication: China commerce ministry
The trade and economic teams of China and the United States agreed to maintain close communication following virtual talks between Chinese Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen, …
Buy the dip in China markets despite Covid concerns, says Bank of America Securities
Investors should take short-term corrections in Chinese markets as buying opportunities, a strategist from Bank of America Securities said.
China unveils more plans to spur car demand
SHANGHAI (Reuters) -China on Thursday announced a raft of new steps to spur … the announcement as part of a joint statement with 16 other departments including the finance and industry ministries.
China announces new plans to spur automobile demand
The Ministry of Commerce made the announcement as part of a joint statement with 16 other departments including the finance and industry ministries.
China’s Cabinet Urges Greater Cybersecurity After Mass Data Leak
China’s cabinet stressed the need to bolster information security, following a huge leak of personal data that could be the largest cyber-attack in the country’s history. Most Read from …
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